About The Loonie Adventures of a Forex Noob

“Huck loves her bucks!” I always say. The problem, of course, is how to make those bucks!! In this blog, I'll be posting my adventures as I traverse the forex world, while trying to catch some pips along the way. To do this, I will make use of classical charting methods as well as develop my own mechanical system. Not only will I talk about FX, but I'll also share how my day went along with any currency trade updates. Hopefully, by the end of this tale, I'll be able to achieve my goal of becoming a consistently profitable foreign exchange trader.

HLHB Weekly Update – June 25, 2012

Well, what can I say? Last week turned out to be a good one for the HLHB system as it was able to bring in 153 pips.

First thing’s first! Remember that trade that was left open last week? Well, it closed with a 65-pip win when the pair made a new crossover. As for the other trades, just check them out below

1. Short at 1.2651. Closed due to new crossover at 1.2605. +46 pips.
2. Long at 1.2605. Closed due to new crossover at 1.2598. -7 pips.
3. Short at 1.2598. Closed due to new crossover at 1.2613. -15 pips.
4. Long at 1.2613. Closed when 50-pip trailing stop was hit at 1.2680. +67 pips.
5. Invalid short signal since RSI did not cross the 50.0 level.
6. Invalid long signal since RSI was already above the 50.0 level prior the crossover candle.
7. Short at 1.2683. Closed due to new crossover at 1.2707. -24 pips.
8. Long at 1.2707. Closed due to new crossover at 1.2681. -26 pips.
9. Short at 1.2681. Closed due to new crossover at 1.2573. +108 pips.
10. Long at 1.2573. Closed due to new crossover at 1.2561. -10 pips.
11. Short at 1.2536. Closed due to new crossover at 1.2563. -27 pips.
12. Long at 1.2563. Closed due to new crossover at 1.2539. -24 pips.

Thos system holds great promise. Now we just need to build an EA to notify us of setups and we can decide to enter or not enter.

Soulreaction02

Hi Huck,

How you manage all the trades??? Sitting in front of your monitor????

Cheers

JoanGuz

Hi Huck! Same question here.. I’ve been trying to test this system (that looks great), but I’m a day worker, so I almost always miss the entry/exit points :S.. How can you do it even in late night hours?

Regards!

huck

Well, my trading platform allows me to setup mobile alerts. It makes a sound whenever certain conditions are met. You will miss some signals, but you can just mark them on your charts/journal and add them to the final stats to create a complete picture of your trading performance!

Luciano

Hello there? Where I can get the latest setup? When clicking on the link HLHB Trend-Catcher, I get the page of version 1.0 and I believe there are newer versions. Could you please pass me the link for the last one? Thanks a lot!

this HLHB trendcatcher looks promising something, and i’m glad to join with u and the FX-Men to develop this system and go trial this in my demo account..But, i need to know more about the newest setup of this system including Time Frame, MA indicators and RSI-ADX, would you please to inform us (again)..Last, i’m sorry for my bad english (bieber was right : come from random country under the big hot mountain)

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